Breaking into Crude/LNG/Energy Trading
Hi,
I am currently an Equity Finance trader at a broker dealer in NYC, based in NYC and open to relocating to Stamford or elsewhere in the tri state area for the right opportunity. I have been in the role for about a year and a half and have a triple major in CS, Econ, and Math. I also hold Series 3, Series 7, and Series 63 licenses and am currently sitting for CFA Level I.
Over the last year I have become genuinely interested in commodities, particularly crude. I also find the politics and future of LNG intriguing, and would not completely rule out other energy commodities, though I am honestly not well versed in them yet. Physical trading is the ultimate goal for me. I understand the typical entry path is through scheduling or logistics, but I am wary of that route mainly because of the pay cut it would likely require. Given my background, I think I am currently better suited to a hybrid or paper trading seat, but I am open to hearing whether scheduling is a more realistic or even necessary step for someone like me.
My firm has no commodities exposure, so an internal lateral is not an option. I have spoken to a few recruiters, most of whom said they primarily place traders and PMs rather than people trying to break in.
If anyone has made a similar jump, or knows firms that are open to hiring non traditional entrants into junior commodity seats, I would appreciate any advice on how to position myself. Thanks in advance.